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India Strengthens Tax Surveillance on Crypto and Cloud Storage

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By on July 24, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post India Strengthens Tax Surveillance on Crypto and Cloud Storage appeared first on Coinpedia Fintech News

India has upgraded its tax surveillance to tackle evasion in digital banking, cryptocurrency, and cloud storage. The Central Board of Direct Taxes (CBDT) is actively involved in global crypto regulation talks. From April 1, 2026, digital evidence will be crucial in investigations, enhancing authorities’ ability to track tax evasion. Access to crypto wallets will be restricted to income tax raids only, reinforcing government control over digital assets and promoting compliance in the rapidly evolving digital economy.

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